Tax & Customs
Special arrangements in Nov to help file tax returns
Instead of holding an income tax fair, the National Board of Revenue (NBR) says it will have dedicated officials and special arrangements at field-level offices to extend tax services and facilitate return submissions throughout November.
e-filing of tax returns crosses 50,000 in less than a month
The NBR relaunched the e-filing portal on Sep 9
NBR forms taskforce to reform income tax law
Tax Commissioner Ikhtiar Uddin is heading the seven-member task force
NBR asks officials to come to office on time
The National Board of Revenue (NBR) has asked the officials of its income tax wing to be at office ahead of the 9:00am reporting time.
Finance adviser urges NBR to reconsider duty structure
Finance and Commerce Adviser Salehuddin Ahmed yesterday asked the National Board of Revenue (NBR) officials to reconsider the duty structure of imported essential commodities in a bid to tackle persistent inflation..The adviser said essential commodities, namely edible oil, sugar, potato a
Waive port charges incurred amid recent unrest
The Bangladesh Shipping Agents’ Association (BSAA) has urged the government to waive all port charges incurred for delays in container handling amid the weeklong unrest, internet outage and stringent curfew that began on July 18..The BSAA, the country’s sole trade body for shipping agents,
Kaus Mia: a role model in a nation where tax noncompliance is rife
The late successful businessman had been one of the highest taxpayers in Bangladesh since 2010-11
NBR plans self-assessment of tax liabilities for all firms
The National Board of Revenue (NBR) is likely to introduce self-assessment for companies from 2024-25 to allow them to determine their own tax liabilities and cut reliance on taxmen.
‘We did not frame budget in line with IMF prescriptions’
The government has not framed the national budget for the fiscal year of 2023-24 based on the prescription of the International Monetary Fund (IMF), said Finance Minister AHM Mustafa Kamal today.
VAT on sweets may be cut
The National Board of Revenue (NBR) could cut value-added tax (VAT) on sweets by half to 7.5 per cent, according to officials of the finance ministry.
Tax return filing deadline extended for companies
Those who sought time extension will only get the opportunity
E-payment made mandatory for taxes
The National Board of Revenue issues a notification on March 23
Tax collection growth slows further
The National Board of Revenue (NBR) registered a further slowdown in the growth of tax collection, making it harder for the agency to achieve its target for the current fiscal year of 2022-23 ending in June.
Language of tax laws attacking to some extent: NBR chairman
The tax forms need to simplified too, says Abu Hena Md Rahmatul Muneem
Separate tax policy making from collection
Top business leaders yesterday urged the National Board of Revenue (NBR) to ensure a conducive business climate by bringing reforms to the revenue sector, including having separate administrations formulating tax policies and collecting revenue.
Govt honours top taxpayers
The government today honoured 76 individual highest taxpayers, including Transcom Group Chairman Shahnaz Rahman, The Daily Star Editor and Publisher Mahfuz Anam, and Prothom Alo Editor Matiur Rahman, for depositing the highest amount of taxes to the state coffer in 2021-22 fiscal year.
Taxpayers can file return on Jan 1: NBR
The National Board of Revenue today said it will accept tax returns from individual taxpayers on the first day of January 2023.